The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1887-01-15
BUSINESS In 1886
FROM IS To 10 PER CENT. GREAT.
ER THAN IN 1853,
And 1887 Bids Fair "a Outstrip
That-Facts and Figures that
Lock that way.
ESPECIAL TO rHe APrEALJ,

PHILADELPHIA, Pa, January a.
The most reliable opinion, based up On
carefully complied CONNIE cial and
industrial aud other statistics, makes
the volume Of business ia 1885, Is to
20 per cent. greater than ia 1885, and
that, too, in face of the comparative
dizziness OF the first eight months of
1885. Willis it is dangerous to guess
on probabilities, it is fair TO presume
that 1887 will go rs per cent. above
1885. This expectation explains the
surprising confidence aud activity
which exists In all trade, comm srcial
and other channels, rs we'll as the al.
most unexpected advance in. prices.
Steel rails have advanced So to SIS psr
ton. Foreign iron and steel the ZANE.
Nails have advanced 10 cents per key
at wholesale; bar iron 81 PSF ton.
New York, Philadelphia, Chicago,
ST.. Louis, St. Paul, Kansas CITY and
four other Southern cities have ex-
pended $4,000, 000 more ia 1883 in
building operations than were OK.
pended7iuflS85, and the architects and
builders in hose cities expect far
thar increase this year over 1888.
Latest advises reveal a Sd osition
among wsRe workers, organized snd
unorgani2sd, to c1n liDue 1T last year
wsges and hours OF labor; but at the
cane time cons derabie agitation
should b. counted on, though the
building trades will largely escspe-so
will the iron and steel worke q.
The production # "a, 100000 barrels
of hour from 1000 900 acres last yesr,
aud sale Of mos, of it 1T good prices,
indicates luther x ension OF our
agricultural area under the stimul US
and invita- ion of extra rdingry rail-
road building Eaglaud needs 1867
CC0,000 bushels OF whsst, or it's -four
equivalent between now d August
Australian competition ia lessening
the American meat expectation, aud
rauchmen are complaining. This
means cheap, meat az home Ia 1887
Last years tog packing reached
nearly IL 100000 hogs, an p ICES ara
the lowest for years, Toe sugar in
terests have control of SUPP ies, and
prices will be esdy under az increas.
ing con u npt on, which was lat year
1857 SOB tons, sg inst l,254,ll8 tons
in 1885.
TIE increasing demsnd for cotton
snd WOO en- 20 d5 is helping the
chances of cotton and wool. The
T. xnle situation continues to i'm prove.
P.ints are low N stocks Althe ginp-
ham, wooden and wor ted mills are
busy Hosiery mills will be crowded
on orders until May let. The expor-
tatioR # oolor,d cltton goods lest
wear was nearly douole that Ct 1885.
The to al VIII le suoply is gre alter lsn
ever he ore, viz: 3,224,S6l bales
Jobb rs are no dag prices firm for
all ii DIS Of goods, The clothing
manufacturers Rave been sold nearly
out. The machinery manufac urer,
have their shops overCrowded. More
locomotive car and b idge ord lrs are
Crowdiug in. Tn IRON ard steel
workers are qlsking lett English
8 ocks swamp the Country.
Dis3oul ng sll ugly features and
toning down the rosy opinions OF *
tremists, we can SAT ly say the country
was never face to fa1e wi h as much
promise d activity ia all di ectons.
The wiss man will not sp cnlate or
buy far ahead or rsfusa an honest
price for any article he has to sell.